Headed into a significant price range time to ride along

29 במאי

key notes:

3 consecutive bearish candles spread from a high of 6.71 which was last rejected dring the month of 2025 and so far 3 months have passed since price deviated from its peak.
monthky RSI at the time of its peak was roughly 75 or above 70 which may be considered overbought profits being taken.
current monthly rsi is above 50 the stock is neither overbought or oversold, is it safe to say fair value remains above a low of 2.79 which during the month of early April 2025 price dipped .

the current monthly rsi has a wide gap from the rsi moving average
the macd is neutral and not bold no indication on a month to month basis price action is bearish
current support i believe is around 3.83 a deeper level short term would be 3.44
12% downside from current closing price of 3.97USD
current resistance short term could be a moderate low 4 est 4.11
attached is the weekly timeframe and in the short term since bouncing from 2.79 in early APRIL price has been in a slight rise in line with the overall trend line as drawn in the left image
weekly rsi is above 50 the stock is not either oversold or overbought
price is at a significant neck line trend line looks pretty good for its next leg up

31 באוג׳

הערה

Planet Labs.

Notes:
Important price ranges heading into earnings.
Mon 10 Feb 25 : O 6.01 H 6.71 L 5.85 C 6.06 28.24M
Mon 23 Jun 25 ) 4.97 H 6.60 L 4.90 C 6.07 61.74M

Historical highs
Month of Wed 01 Dec 21 O:10.18 H 11.65 L 5.81 101.61M
M of Thu 01 Sept 22 O: 5.38 H 7.52 L 4.81 C 5.43 73.15M
M of Thu 01 Jun 23 O 4.60 H: 5.00 L 3.00 C 3.22 77.09M

Notes about image: 1D x 12HR
each candle represents one day of trading and 12 hours of trading.
candle formations have stayed above the ichimoku cloud cover with price action chopping around support above 6USD
There may be a strong resistance preventing price action break and close above 7USD prior to sept 8 earnings as market awaits results.
6-7 looks to be the narrow range leading into this earnings call.

Historical high of 7.52 was last reached and rejected from proceeding any higher in 2022, so this is an ideal resistance in the short term.

there are already signs of this price range being tested e.g
1D - Tues 01 July 25 O: 6.14 H 7.72 L 6.03 C 6.16 Vol. 40.01M
Fri 01 Aug 25 O: 6.20 H 6.31 L: 5.85 C 6.18 Vol 5.18M
Wed 20 Aug 25 O 6.38 H 6.44 L 6.10 C 6.42 Vol 3.91M
Thurs 28 Aug 25 O :7.14 H 7.38 L 6.96 C 7.22 Vol 6.64M

Initial cause and date of upwards thrust:
Date : wed 04 Jun '25 period ending Apr 25
O 4.02 H 4.03 C 3.78 C 3.99 Vol 8.46M

As PL approaches earnings and you have interest and have been waiting for a pullback if it occurs ive mentioned some price ranges that will be useful in a retracement.
[09:15]
Weekly candle formations are in an uptrend. Tool for confirmation used is a Trendline indicator by LuxAlgo.
So far monthly weekly daily are in an uptrend using said indicator.

The Sept 22 high and the Feb 25 high when using the fib retracement tool setting the base at the start of the upwards thrust on June 3 2025. The current 0.618 is approximately 6.77USD.